PHILADELPHIA--(BUSINESS WIRE)--Carvana,
a leading eCommerce platform for buying used cars, announced today its
continued expansion into the Northeast with the launch of its
Philadelphia market. This addition marks the company’s second market
within the state of Pennsylvania, following a successful launch in
Pittsburgh in late 2016. With this launch, Carvana now offers free
as-soon-as-next-day delivery to nearly 152 million consumers nationwide,
including more than 8 million living within 50 miles of the Philadelphia
city center.

Recognized as one of the “Best Entrepreneurial Companies in America” by
Entrepreneur Magazine's Entrepreneur 360™, Carvana’s advanced,
proprietary technology allows for a complete and seamless online car
buying experience. By visiting carvana.com
on a mobile phone, tablet or computer, customers can search for, buy,
finance and trade in a vehicle, all from their desktop or mobile device.
By answering 10 questions, customers can obtain financing options with
no impact to their credit and know precise payment terms for all 7,250+
vehicles in Carvana’s online inventory. The entire transaction can be
completed in as little as 10 minutes. In 2016, Carvana customers saved
an average of $1,430 versus Kelley Blue Book Suggested Retail Value.

After completing the online purchase process, customers in Carvana’s
markets can schedule as-soon-as-next-day delivery, or can choose to pick
up their vehicle from one of Carvana’s proprietary automated Car Vending
Machines in Nashville, Houston, Austin or San Antonio. All vehicles are
Carvana-certified to meet the company’s 150-point inspection, and
feature a 100-day/4,189-mile bumper-to-bumper warranty. Carvana honors
each purchase with a 7-Day Return Policy, allowing customers to return
the vehicle for any reason within that window for a refund.

“We’re thrilled to finally be in the City of Brotherly Love. Not only is
it a major hub in the Northeast with one of the largest populations in
the country, but it has a culture of early tech adoption,” said Ernie
Garcia, founder and CEO of Carvana. “We launched our free,
as-soon-as-next-day delivery services in Pittsburgh late last year, and
now with the expansion into Philadelphia, we will be able to offer those
services to many more residents in southeastern Pennsylvania.”

As a thanks to Philadelphia’s early adopters who purchased a vehicle
from Carvana prior to today, Carvana will fully refund any delivery fee
paid.

About Carvana

Founded in 2012 and based in Phoenix, Ariz., Carvana’s mission is to
change the way people buy cars. By removing the traditional dealership
infrastructure and replacing it with technology and exceptional customer
service, Carvana offers consumers an intuitive and convenient online
automotive retail platform, with a fully transactional website that
enables consumers to quickly and easily buy a car online, including
finding their preferred vehicle, qualifying for financing, completing
the purchase and loan with signed contracts, and receiving delivery or
pickup of the vehicle from one of Carvana’s proprietary automated Car
Vending Machines.